Bridgepoint acquired Polish children’s products retailer Smyk.

Bridgepoint acquired Smyk, the leading retailer of children’s apparel, toys and accessories in Poland, from Empik Media & Fashion, a Warsaw Stock Exchange-listed retail group, in a transaction totalling €247m. Khai Tan, partner responsible for Bridgepoint's investments activities in the CEE, added: "Smyk is the market leader in a fast growing sector and is well positioned to seize future opportunities for expansion. It has a strong brand heritage and is run by an experienced and talented management team. This business has established a strong foundation for progress based on a brand that is well-known for its superior quality, range and leading service levels. In partnership with Bridgepoint, we have the opportunity to grow into a larger, more efficient and more international business."